With telecentric optics, the light rays run parallel to the optical axis, the image has no perspective distortions and distances in the image can be measured without errors. The light is directed as if the image is viewed vertically from above, everywhere from the centre to the edges, excluding all perspective errors.
The image scale in the axial direction (Z-direction to/from the camera) within a defined range is the same, i.e., the distances measured in the image do not change when the object is a little closer or further away from the camera.
This means that if a distance between two boreholes is measured accurately, the measured distance will remain the same evenif the object moves, or the object being measured moves closer to or away from the camera.
However, this is not a "carte blance" because the image can still become blurred if the object lies significantly outside of the focus plane.
In principle, it is still possible to measure blurred contrasts with "subpixel accuracy", but the overall accuracy decreases.